上海沪工焊接集团股份有限公司关于实施“沪工转债”赎回暨摘牌的第三次提示性公告

Core Viewpoint - Shanghai Huguang Welding Group Co., Ltd. is implementing the early redemption of its convertible bonds ("Huguang Convertible Bonds") and will delist them from the Shanghai Stock Exchange after the redemption process is completed [1][4]. Redemption Details - The last trading day for the "Huguang Convertible Bonds" is January 16, 2026, with only three trading days remaining as of January 13, 2026 [2][7]. - The last conversion date for the bonds is January 21, 2026, with six trading days remaining as of January 13, 2026 [3][7]. - The redemption price is set at 101.4268 CNY per bond, which includes the face value of 100 CNY plus accrued interest of 1.4268 CNY [4][11]. Conditions for Redemption - The conditional redemption clause was triggered as the company's stock price met the requirement of being at least 130% of the conversion price (21.09 CNY), which is 27.417 CNY, for at least 15 out of 30 consecutive trading days from November 12 to December 9, 2025 [5][9]. - The redemption will apply to all holders of "Huguang Convertible Bonds" registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on January 21, 2026 [10]. Accrued Interest Calculation - The accrued interest is calculated using the formula: IA = B × i × t / 365, where B is the total face value of the bonds held, i is the annual coupon rate (2.80%), and t is the number of days from the last interest payment date (July 20, 2025) to the redemption date (January 22, 2026), totaling 186 days [8][12]. Tax Implications - Individual investors are subject to a 20% personal income tax on the interest income from the bonds, resulting in a net redemption amount of approximately 101.14144 CNY per bond after tax [16].